23.5.2011
News

KSB advises on a timeshare contract

Law firm Kocián Šolc Balaštík provided legal counseling to the American-British company Interval International Limited, a pioneer in exchange services of vacation ownerships with a network of approximately 2,600 resorts in over 75 countries, relating to a consumer contract. The contract sets forth the terms of participation in the exchange membership program for owners of vacation interests at accommodation that allow consumers to exchange their occupancy right or other services connected with timeshare.

KSB adjusted the Interval’s exchange membership contract to comply with new Act No. 28/2011, Coll., which took effect on 23 February 2011 and amends the Civil Code, Act No. 40/1964, Coll. The amendment implements Directive 2008/122/EC of the European Parliament and of the Council of 14 January 2009 on the protection of consumers in respect of certain aspects of timeshare, long-term holiday product, resale and exchange contracts into Czech law. The new law supersedes the existing law on the protection of consumers when entering into agreements on the use of a building or a part thereof for a limited period of time under the existing provisions of Sections 58 through 65 of the Civil Code.

Other articles

2.6.2026
News

KŠB once again assists with ČEZ’s General Meeting

The KŠB team, consisting of Jana Guričová, Martin Kubík and Jan Lasák, led by Petr Kasík, provided legal support to ČEZ in connection with the preparation and conduct of its General Meeting.

The KŠB team, consisting of Jana Guričová, Martin Kubík and Jan Lasák, led by Petr Kasík, provided legal support to ČEZ in connection with the preparation and conduct of its Annual General Meeting.

2.6.2026
News

DNS – What Now Constitutes a Commonly Available Supply or Service

Professional literature has traditionally compared a dynamic purchasing system (DNS) to a standard online purchase. However, in its judgment No. 22 As 15/2025-65 of 12 May 2026, the Supreme Administrative Court significantly refined this understanding.

Professional literature has traditionally compared a dynamic purchasing system (DNS) to a standard online purchase. However, in its judgment No. 22 As 15/2025-65 of 12 May 2026, the Supreme Administrative Court significantly refined this understanding.

28.5.2026
Capital markets

KŠB Advised J&T IB and Capital Markets on the 3M FUND MSI SICAV Bond Program

Kocián Šolc Balaštík provided legal advice to J&T IB and Capital Markets, a.s. as the arranger in preparing the base prospectus for 3M FUND MSI SICAV a.s.’s bond program.

Kocián Šolc Balaštík provided legal advice to J&T IB and Capital Markets, a.s. as the arranger in preparing the base prospectus for 3M FUND MSI SICAV a.s.’s bond program.